Stocks

Swing Trading Strategy: Choppiness and indecision Yesterday was riddled by reversals and choppiness, as it changed course multiple times throughout the day. While it feels good for the bulls to rally the market 56 points, the breadth is anything but there.  For every 17 advancing stocks, there were 13 declining, and that was with a market

Swing Trading Strategy: Time to retest? You had a massive sell-off yesterday, where SPX dropped 4.4% and 114 points. Not the ideal look for a market that has now sold off two straight days and puts in jeopardy the rally off of last week’s lows. This is where traders have to decide for themselves

Stock market is crashing still and the economy with it. That is after an amazing rally last week that could be short lived. I have outlined three possible scenarios for the stock market going forward and which one I think that will likely play out. I'm not of the belief that the stock market has

FAANG Update: $FB $AAPL $AMZN $NFLX $GOOGL I regularly update the charts for Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX) and Alphabet (GOOGL). Check out the updates below.  Get all of my trades that I make real-time by jumping in the Trading Block and start making some profits for yourself!  Facebook

Swing Trading Strategy: Cracks emerging in the rally… SPX for a second straight day has been unable to break through the 20-day moving average and, yesterday afternoon started to show some nervous profit takers at the end of the day. Now we have another big sell-off on our hands with the stock market and

Despite horrible economic news, the market has held its recent gains.  If you wondered what it looks like to climb the “Wall of Worry”, the stock market is doing exactly that right now, and doing an amazing job of it too.  Because the world is staying home to fight a pandemic, the economy is paralyze

Swing Trading Strategy: Three days of chop, make it four? It was a rally that probably had everyone surprised. I wasn’t expecting it that’s for sure, and it managed to close over 3.3% higher. However, nothing has really improved on the technical front and instead we are looking at another potential reversal today as the

Swing Trading Strategy: Another bear flag or building upon last week’s rally? Last week’s rally off of the Monday lows was incredible but Friday’s afternoon sell-off left plenty worried about the new week ahead. Surprisingly another big Sunday futures sell-off has resulted in a rally ever since with price now looking at a respectable

The stock market had an incredible rally this past week, following one of the greatest stock market crashes of all time. Now everyone is wondering whether the stock market hit bottom and if now is the time to buy stocks now, or if this is just another dead cat bounce. I'm not completely convinced the

Swing Trading Strategy: Don’t get your hopes up on a bottom… While I want to think the worst is behind us, and I hope it is, I’m pretty sure that shutting down the world economy will create consequences that go far beyond the end result of what the Coronavirus brings our way. I’m not trying